Deposits 10% of revenue from public lands into the Social Security Trust Fund.
The LASSO Act, or Land And Social Security Optimization Act, mandates that 10% of the revenue generated from public lands managed by the Department of the Interior and the Department of Agriculture be deposited into the Federal Old-Age and Survivors Trust Fund, which supports Social Security. This revenue includes income from activities on public lands, such as leasing and permits. The bill defines "covered public lands" as those under the administrative jurisdiction of the Department of the Interior or the Forest Service.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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